Thursday, February 19, 2009

RBI may cut Interest Rate and LIC will pour money into Market

As this week inflation data declared, which is showing that things are getting worst and still demand is not increased, So RBI has a scope to cut more interest rates and all PSU ad Private sector bank should follow same step to keep Inflation stable. In my view, If inflation is going more down then think that we are becoming more and more worst. As yesterday and today Trading data shows More US and EU investors has invested amount in All emerging Asian Market except India. Its indication that they don't trust corporate structure.
In that case what should be your strategy?
- Don't buy anything for long time. Investor should wait for next full budget 2009/10.
- Peek strong looking companies having great track record like Exide Industries which didn't fall with market...
- Don't go short randomly at least for next 3 to 4 weeks as we will see Interest Rate cut and will see more LIC investment in indian market. But take time to find some LIC investment pattern. LIC could invest more in L&T and 2 to 3 PSU banks.
- Hold or Buy Dena bank below 31 for target of 42 before election.
- Don't enter into GOLD at this level otehrwise you will be trapped.
- OIL will consolidate @ 32 and we will see some demand increments in same.
- Buy 2 wheeler auto stock like Hero Honda, TVS motors on deeps...

Tomorrow's Call (Market will be in -ve direction tomorrow)
- Sell RCOM with target of 5% down
- Buy DLF PUT 150 @ 10/11 for target 18/19
- Buy Suzlon Energy below 42
- Sell RIL below 1231
- Buy LIC housing below 200 and hold for 3 to 4 sessions
- Buy Ashok Leyland for short term

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BSE Holidays 2009 | NSE Holidays 2009

Day Date Holiday
Thursday8th January 2009Moharram
Monday26th January 2009Republic Day
Monday23rd February 2009Mahashivratri
Tuesday10th March 2009Id-E-Milad
Wednesday11th March 2009Holi
Friday3rd April 2009Ram Navmi
Tuesday7th April 2009Mahavir Jayanti
Friday10th April 2009Good Friday
Tuesday14th April 2009Dr. Ambedkar Jayanti
Friday1st May 2009Maharashtra Day
Monday21st September 2009Ramzan Id
Monday28th September 2009Dasera
Friday2nd October 2009Gandhi Jayanti
Monday19th October 2009Diwali ( Bhaubeez)
Monday2nd November 2009Gurunanak Jayanti
Friday25th December 2009Christmas
Monday28th December 2009Moharram

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